BTC: Head and Shoulders or Ascending Triangle?
Just a noob, trying to understand things...
The Bear Case:
The recent "short squeeze", whatever that means, has propelled BTC at the area of the down trend line. It seems to be forming an inclined Head and Shoulders.
The Bull Case:
With the Syria/US event... will BTC function as a safe haven during this uncertain times. You may interpret the chart as an ascending triangle.
Just staying on the side lines until a clearer signal presents itself... time to watch Billions
The Bear Case:
The recent "short squeeze", whatever that means, has propelled BTC at the area of the down trend line. It seems to be forming an inclined Head and Shoulders.
The Bull Case:
With the Syria/US event... will BTC function as a safe haven during this uncertain times. You may interpret the chart as an ascending triangle.
Just staying on the side lines until a clearer signal presents itself... time to watch Billions
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